Who Owns Consumer Cellular?
Updated onExplore the ownership hierarchy of Consumer Cellular. See parent companies, holding structures, and ultimate controllers.
Ownership Chain
Consumer Cellular
Consumer Cellular is a U.S.-based mobile virtual network operator offering affordable, no-contract wireless phone plans and devices, primarily for customers aged 50 and older.
Starts at $20 / line / month
GTCR
GTCR is a Chicago-based private equity firm that invests in growth companies across financial services and technology, healthcare, technology, media and telecommunications, and business services using its proprietary Leaders Strategy.
Consumer Cellular
Consumer Cellular is a U.S.-based mobile virtual network operator offering affordable, no-contract wireless phone plans and devices, primarily for customers aged 50 and older.
Starts at $20 / line / month
GTCR
GTCR is a Chicago-based private equity firm that invests in growth companies across financial services and technology, healthcare, technology, media and telecommunications, and business services using its proprietary Leaders Strategy.
Major Shareholders
Consumer Cellular
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
GTCR LLC (funds managed by GTCR) Chicago-based private equity firm; acquired a controlling majority stake in Consumer Cellular in October 2020 for roughly $2–2.3 billion and remains the company’s majority owner as of December 2025. | Institutional | — | Dec 2025 |
John Marick Co-founder and longtime CEO of Consumer Cellular; remained a substantial shareholder and board member after the 2020 GTCR transaction and continues to hold a significant minority equity stake. | Founder | — | Dec 2025 |
Founders and other original shareholders (including Greg Pryor) Company and analyst accounts indicate that the original founders and other early shareholders retained a significant minority position alongside GTCR’s majority stake; exact individual percentages are not publicly disclosed. | Founder | — | Dec 2025 |
HPS Investment Partners, Blackstone Credit and PSP Investments (preferred equity investors) In a 2025 dividend recapitalization, a private-credit syndicate led by HPS, with Blackstone and PSP Investments, provided about $525 million of preferred equity to Consumer Cellular, giving these firms a significant preferred equity stake but not common-share control. | Institutional | — | May 2025 |
GTCR
Major Shareholders
| Name | Type | Ownership | As of |
|---|---|---|---|
GTCR managing directors, principals and other employee-owners (collective) GTCR is a privately held Delaware LLC. Its latest SEC Form ADV (filed March 31, 2025) states that the firm has no principal owners with more than 25% ownership, implying that equity is dispersed among multiple partners and senior employees rather than any single controlling shareholder. Exact individual stakes are not publicly disclosed. | Individual | — | Mar 2025 |
Funds managed by Blackstone Inc. (Blackstone GP Stakes / Strategic Capital Holdings funds) On July 27, 2021, Blackstone’s GP Stakes business agreed to acquire a passive minority ownership interest in GTCR’s management company. Subsequent Blackstone disclosures describe GTCR as one of its GP-stakes portfolio firms, indicating that Blackstone-managed funds continue to hold a long‑term minority stake (less than 25% of equity, consistent with GTCR’s Form ADV showing no owner above 25%). Deal size and exact percentage are not publicly disclosed. | Institutional | — | May 2025 |
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